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Business Deposit Solutions

You are on: Current Accounts tab

Depending on transaction needs we have a variety of account solutions that can handle a high volume of activity at a relatively low cost while providing flexibility and convenience. It's designed to satisfy your preference and taste. Our accounts include the following features and benefits:

Feature Benefit
Statements are provided on a regular basis, i.e. monthly, weekly or daily. Provides convenience of an accurate record of financial transactions and legal proof of payment.
Unlimited chequing. Provides flexibility and convenience.
Specialized cheques may be ordered at your branch or online Satisfies client's preference and taste, and offers convenience.

Monthly Fee

  • Fee per entry - $1.25
  • Monthly fee - $10.00 (minimum)

How to open an account
We're happy you've chosen RBC Royal Bank. We have a wide variety of business accounts to suit your unique business banking needs. Research our business accounts or visit/call any of our branches for instructions of how to apply.

Interest bearing accounts are also available.

You are on: International Business Corporations (IBC) tab

Whether you are establishing holding companies, limited partnerships or sole ownership etc., RBC has the products, services and professional staff to guide you through the account opening process. It is highly recommended that you seek local legal and/or professional advice on the regulatory approval process in your jurisdiction.

The process and regulatory requirements for account opening can be very rigorous (depending upon structure and beneficial ownership). However, for existing RBC offshore clients, the process can be accelerated via reference and support documentation provided by your existing relationship manager.

To assist you in the process, we have added valuable links that are contained within our Resource Centre. 

Fee Structure:

Set up fees
  • USD $100.00 per relationship (simple) - up to 2 tiers of ownership
  • USD $250.00 per relationship (complex) - in excess of 2 tiers ownership
Other fees
  • Monthly service charge USD $5.00
  • USD $1000 minimum initial deposit
  • USD $5.00 for each month account balance falls below 1000 foreign units